The net profit of Goldman Sachs, one of the largest banks in the USA, reached $4.1 billion in the first quarter of this year, an increase of 28% compared to the same period last year.
Goldman Sachs, one of the US investment banks, announced its balance sheet for the first quarter of the year.
According to the statement made by Goldman Sachs, the bank’s net profit in the first quarter of the year increased by 28% compared to the same period last year, reaching $4.1 billion. The bank’s net profit in the same period of 2023 was $3.2 billion.
The company’s profit per share, which was recorded as $8.79 in the first quarter of 2023, increased to $11.58 in the same period this year.
Goldman Sachs’s revenue in the first quarter of this year reached $14.2 billion, an increase of 16% compared to the same period last year. The bank had revenue of $12.2 billion in the first quarter of 2023.
The company’s global banking and markets revenues totaled $9.7 billion in the first quarter, driven by strong performance in investment banking fees, fixed income, foreign exchange, and commodities and equities.
Source: AA / Prepared by Irem Yildiz